CPO-2002 Lecture Notes - Lecture 3: Game Players, Game Theory, Nash Equilibrium
Document Summary
Politics: the subset of human behavior that involves the use of power or influence. When changes are made, some people see them as positive, others as negative: 3 possible responses to change (that you see as negative) Exit- you accept that there has been a negative change in your environment. Alter your behavior to achieve the best outcome possible given the new environment. Voice- use your voice (complain, protest etc) to try to change the environment back to its original condition. Loyalty- accept the fact that your environment has changed and make no change to your behavior. Game theory- tool for analyzing strategic situations: strategic situations- when the choices of one depend on the choices of another. Players actions are interdependent: game- decisions to be made by the citizen and the state. Whe(cid:374) o(cid:374)e"s a(cid:271)ility to a(cid:272)hieve goals is depe(cid:374)de(cid:374)t o(cid:374) so(cid:373)eo(cid:374)e else"s a(cid:272)tio(cid:374)s: basic rule of game- players choose to do what is in their best interests.
